Irvine HARP Program Guidelines

President Obama: “We Will Cut Red Tape:

While the criteria to be eligible for HARP is fairly simple and easy to understand, everyone has a unique scenario that may or may not make it through underwriting.

The good news is that the HARP guidelines for getting your Irvine refinance approved through Freddie Mac and Fannie Mae have been made more flexible with the recent HARP 2.0 updates.

The program details and individual bank “overlays” tend to change daily, so it’s best to call us at 855-674-8525 with specific questions, or simply complete a quick pre-application to get the process started.

HARP Guidelines

The purpose of updating the Home Affordable Refinance Program was to cut red tape, lower fees and give more underwater homeowners the ability to refinance into a lower interest rate.

For your reference, we have linked to the Fannie Mae and Freddie Mac HARP Guidelines below:

Please do not get overwhelmed. Our job as mortgage professionals is to read these updates as soon as they come out and spend hours in meetings with underwriters and banking administrators gaining a better understanding about how these rules impact our clients.

ABOUT Home Affordable Refinance Program

Fannie Mae and Freddie Mac have adopted changes to the Home Affordable Refinance Program (HARP) and you may be eligible to take advantage of these changes if your mortgage is owned or guaranteed by either Fannie Mae or Freddie Mac.

ABOUT HARP Approval

HARP Approval is a national network of licensed HARP Mortgage Lenders who provide tips and advice to help local Irvine underwater homeowners through the Obama Administration's #MyRefi Home Affordable Refinance Program.

This is not a Government website. irvine.harpapproval.com is not endorsed by the Department of Veterans Affairs or the US Department of Housing and Urban Development. The content on this site is for educational purposes only and is not an advertisement for a product or an offer to lend. If you have questions about the loan officers featured within our lender directory, please visit the Nationwide Mortgage Licensing System & Directory for more information and to check their licensing status at https://www.nmlsconsumeraccess.org.